authorSTREAM the world's second largest online PowerPoint sharing platform and a Slideshare competitor has closed its first round of funding. This funding round was led by Rajan Anandan, former Managing Director of Microsoft India, and one of India’s most active angel investor. Rajan Anandan has also joined authorSTREAM’s Board of Directors.authorSTREAM which is far ahead of Slideshare in terms of presentation output and provide unique features like PowerPoint to video, Present Live with a support for narrations, videos and animations has once again stressed that their main focus is on presentations and this funding will help them achieve near 100% replica of PowerPoint slideshow on the web. "This funding will help us grow authorSTREAM bigger and faster, provide seamless PowerPoint sharing experience on desktops and mobile devices, both asynchronously and in real-time. It will also help us engineer near 100% replica of PowerPoint slideshows on the web - the way their authors intended them to be with animations and multimedia elements.", said authorSTREAM CEO – Harman Singh.
In term of numbers, every month more than 100,000 presentations are uploaded on authorSTREAM. Read full press release here.